Starting Out
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated almost 2 years ago,
Canadian buying in the US. Best rent to value states?
Where I live the median home price is around 1MILLION. Even out of province the prices and rents here don't compare to many US markets. This has lead me to pursue this new challenge.
I have about 80k saved, and make about 10k a month with very little expenses. With investing I am looking to eventually replace my monthly income, to allow me to work less.
Cash flow at this moment is my main goal. Of course I dont want to invest in a market that will go down in value, so the basic metrics of growth are something im looking out for.
What markets in the US have a low entry point while still giving decent returns ? Im currently doing a deep dive into Indianapolis, kansas city, cleveland, Columbus, and Michigan.
I would love to here others experiences! Especially if youre currently investing or have bought recently.
My plan is build my team in the chosen market. First 1-2 buy more “turn key” build momentum then take on a rehab project. I do also plan on taking a flight and meeting my team in person.